Marketplace Morning Report®

Marketplace Morning Report for Tuesday, February 28, 2012

Online user review site Yelp is getting ready for its IPO. The Environmental Protection Agency is in court to defend its landmark global warming finding. A new study reveals the wealthy may be the least ethical. The number of "supercommuters" is on the rise. And the Wealth & Poverty Desk takes a look at poverty, revealing that many who are technically living above the poverty line in the U.S. actually can’t afford to pay for basic needs like clothing and food.

Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?

The Canadian oil firm had wanted to run oil all the way from Canada to the Gulf, but President Obama rejected that earlier this year. Now, the company is settling for a pipeline from Oklahoma to Texas.

Online user review site Yelp is getting ready for its IPO. The Environmental Protection Agency is in court to defend its landmark global warming finding. A new study reveals the wealthy may be the least ethical. The number of "supercommuters" is on the rise. And the Wealth & Poverty Desk takes a look at poverty, revealing that many who are technically living above the poverty line in the U.S. actually can’t afford to pay for basic needs like clothing and food.

The Costa Allegra was stricken by a fire in the Indian Ocean yesterday, and is being towed to shore today. The second ship disaster in recent months could lead to treacherous seas ahead for the cruise industry.